12/574-576 Forest Rd, Penshurst is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 2 bedroom Unit sold in Penshurst in the last 12 months.
“Refreshed 2nd Floor Apartment with Dual Balconies”
Delivering a stylish blend of functionality, durability, and lifestyle appeal, this recently refreshed two-bedroom apartment offers a fantastic opportunity for first-home buyers, investors, and downsizers alike. Set on the second floor of a solid double brick complex, this home features two separate balconies, quality finishes, and light-filled interiors that maximise comfort and practicality. With a flowing layout and low-maintenance design, this apartment is well-positioned for those seeking convenience, privacy, and long-term value in the heart of Penshurst.
This property is completed by quality inclusions such as:
- Open-plan living/dining space with floating timber flooring, downlights throughout, and a split-system air conditioning unit for year-round climate control.
- Refreshed kitchen featuring a laminate benchtop, tiled splashback, stainless steel sink, ample cupboard storage, and 600mm Technika induction cooktop and oven.
- Two well-sized bedrooms, both carpeted and offering direct access to a private rear-facing balcony.
- Main bathroom combines convenience and practicality, featuring a shower/bath combo, vanity, toilet, and integrated laundry area with stainless steel tub and additional storage.
- Light-filled front balcony off the living area offering open views and natural ventilation.
- Secure ground-level parking space and a dedicated lock-up storage cage.
- Currently tenanted for $450 per week
- Ideally located just 400m from Olds Park and only 900m from Penshurst Station and CBD, this apartment places you within easy reach of the suburb’s key lifestyle offerings. With shops, schools, dining, and transport just moments away, this home offers everyday convenience in a well-connected, desirable neighbourhood.
This is a rare opportunity to secure a low-maintenance, well-located apartment in a tightly held suburb. Whether you're stepping into the market, adding to your portfolio, or downsizing without compromise, this property delivers lifestyle, location, and long-term value.
The team at First National Collective are proud to present this excellent opportunity to the market. With its combination of thoughtful updates, solid construction, and prime location, we are confident it will be a much-loved home or smart investment for years to come.
First National Real Estate Collective believes that all the information contained herein is true and correct to the best of our ability however we encourage all interested parties to carry out their own enquiries.
The size of Penshurst is approximately 2.5 square kilometres. There are 13 parks, covering nearly 9.3% of the total area. The population of Penshurst in 2016 was 12786 people. By 2021 the population was 12592 showing a population decline of 1.5% in the area during that time. The predominant age group in Penshurst is 20-29 years. Households in Penshurst are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Penshurst work in a professional occupation.In 2021, 60.60% of the homes in Penshurst were owner-occupied compared with 60.70% in 2016.
Penshurst has 5,937 properties. Over the last 5 years, Houses in Penshurst have seen a 25.56% increase in median value, while Units have seen a 26.98% increase. As at 30 April 2026:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.